Opportunity for Owner/Investor. A portfolio of 10 Properties with 13 doors producing stable, gross rental income of 11% and a net cash yield of >8.7%. Expanding rental market for single family homes SunRail commuter community for Orlando. Less than one hour drive to Orlando International Airport. Orlando and Daytona Beach are premier tourist destinations DeLand averages 4% population growth / year (Florida 3rd in nation).Most of the homes are steps from downtown DeLand and County Admin facilities,(Captive audience of future tenants!) as well as a 'Back Door' proximity to Stetson University for student housing. Stetson University predicting 25% Growth in 2013. Debt free properties with rental / lease agreements in place Stable tenants with good payment track records. Excellent potential for Owner/Manager. Turnkey property management for absent investor (if desired). Confidential listing. Please do not contact tenants. No for sale signs
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
330 E Rich Ave (MULTI-PARCEL SALE) Deland, FL 32724
The Multi-Family (2-4 Units) located at 330 E Rich Ave (MULTI-PARCEL SALE), Deland, FL 32724 is currently for sale.
330 E Rich Ave (MULTI-PARCEL SALE), Deland is listed for $1,082,100.
This property has approximately 1,685 square feet.
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